Commerce Act 1986

Regulated goods or services - Electricity lines services - Imposition of regulation under this Part

54K: Section 52P determinations setting out default price-quality paths applying from 1 April 2010

You could also call this:

"Rules for setting default prices and quality for suppliers from 1 April 2010"

Illustration for Commerce Act 1986

The Commission has to reset the default price-quality paths for each supplier before 1 April 2010, and they use the process set out in section 53P to do this. You need to know that the Commission can reset these paths even if some important information is not available. The Commission can change these paths again if new information becomes available after 1 April 2010, and they can use section 53P to do this.

If the Commission wants to change the paths again, they have to do it within 9 months of getting the new information. The Commission's powers to change the paths do not affect some other parts of the law, like sections 54N and 54O. The Commission has to follow the rules when making these changes, and they have to consider the information they have at the time.

The law says that the Commission can make these changes, but it also sets out some limits on when and how they can do it, like not being able to change the paths more than 9 months after getting new information, unless it is allowed by another part of the law, such as section 53ZB(1) or the process in section 53P.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1940047.


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"Rules for electricity line prices and quality from 1 April 2009"


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Part 4Regulated goods or services
Electricity lines services: Imposition of regulation under this Part

54KSection 52P determinations setting out default price-quality paths applying from 1 April 2010

  1. Before 1 April 2010, the Commission must reset the default price-quality paths for each supplier that apply on and after that date, using the process set out in section 53P.

  2. The Commission may reset the default price-quality paths even if all or any of the relevant input methodologies have not been determined.

  3. If an input methodology is published after 1 April 2010 and if, had that methodology applied at the time the default price-quality paths were reset as required by subsection (1), it would have resulted in a materially different path being set, then the Commission may reset the default price-quality paths in accordance with section 53P and may apply claw-back, despite section 53ZB(1).

  4. However, the Commission may not exercise its powers in subsection (3) later than 9 months after the date of publication of the input methodology.

  5. Nothing in this section affects sections 54N and 54O.

Notes
  • Section 54K: inserted, on , by section 4 of the Commerce Amendment Act 2008 (2008 No 70).